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QUESTION 7 Two common areas of accounting that respectively provide information to internal and external...

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Accounting

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QUESTION 7 Two common areas of accounting that respectively provide information to internal and external users are a financial accounting and tax accounting systems b. managerial accounting and financial accounting c. forensic accounting and financial accounting d. managerial accounting and environmental accounting QUESTION 8 Calculate the gross profit for Macy Company based on the following: Sales Net Sales Selling expenses Administration expenses Cost of goods sold a. $226,000 b. $721,500 c. $206,000 d. S495,500 $764,000 $744,000 42,500 60,000 538,000

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